Wording & Coverage Commercial Solicitor

Recruiter
BCL Legal
Location
England, London, City of London
Salary
£75000 - £95000 per annum
Posted
29 Apr 2022
Closes
24 May 2022
Ref
RC/92423
Contact
Richard Coward
Job Title
Solicitor
Practice Area
Insurance
PQE Level
2-4, 5-7, NQ
Contract Type
Permanent
Hours
Full Time

Insurance Wordings and Coverage Solicitor - City of London - Top tier private practice firm.

The Firm

Leading international legal business with over 2,500 colleagues and a diverse range of capabilities. 11 offices in the UK as well as offices in Dublin, Madrid, Paris, Singapore, Chile, Colombia, Mexico and Miami. They also have associations/alliances with firms in Malaysia, Brazil, Peru, Argentina, Central America, the USA, Australia and Germany.

Broad-based commercial firm with a strong heritage in insurance, health and real estate. This is complemented by a fast-growing Business Advisory capability. The firm represents a wide range of clients, ranging from household names to government departments and NHS bodies. We act for all of the UK's top-ten insurers, they are market leaders in the provision of strategic, commercial and regulatory advice to providers and commissioners in the health sector, and in real estate. They advise all of the UK's top-12 housebuilders.

The firm boasts an impressive legal pedigree, with 142 Chambers UK 2021 practice area and individual lawyer rankings. In Legal 500 UK 2021, the firm received a top tier ranking for 37 of its practice areas, and 58 lawyers were singled out in the 'Leading Individual' rankings.

The Team

The Professional and Financial Lines team provides expert legal advice to clients across an engaging mix of professional disciplines including Professional Indemnity, Financial Institutions, Directors and Officers, Cyber, Warranty and Indemnity, and Construction. The team works collaboratively across these disciplines and, whilst everyone will have their area of particular expertise, they encourage cross-working so colleagues have genuine variety in their work and can use their rounded expertise to provide creative, bespoke solutions for our clients.

Due to the mixed nature of the role this opportunity can be tailored to the individual, with emphasis in either the contentious or non-contentious aspect as dictated by the experience and preference of the successful candidate. Some experience in wordings or coverage, in a contentious or non-contentious context, is essential, but full training will be provided to allow you to fulfil both aspects of the role if your existing experience is primarily focused on one area.

Role Responsibility
The coverage team advises on some of the most pressing issues of the day. Just in the last year they've been retained on silent cyber projects, drafting market clauses, drafting new stand-alone policies, advising on ransomware attacks, new reinsurance contracts, Covid-19 endorsements, and systemic risk reviews. They work across insurance and reinsurance and a wide variety of classes. The work is challenging, interesting and varied and the team is growing.

Their work leads to collaboration with other teams, such as Cyber, and Corporate, Commercial and Regulatory teams in London and the international and regional offices. Unusually the work includes both non-contentious services and also helping clients resolve disputes.

As part of the team you will:

Have the opportunity to advise clients directly on drafting insurance and reinsurance wordings across all business types. You will also have the opportunity to collaborate closely with the award-winning Cyber team to draft wordings in this rapidly growing area;
Advise clients on current market issues, such as Covid exclusions, and Brexit, at the forefront of the latest industry challenges;
Provide solutions for international insurance and reinsurance programmes, developing your own client networks and relationships to the benefit of both you and the firm.
Have the opportunity to manage your own litigation caseload and/or support colleagues on larger complex cases, increasing your exposure to different ways of working.
Devise technically sound, commercial strategies for complex cases.

The firm is looking for new colleagues who have an interest in the fine detail of policy wordings and enjoy the technical rigour of highly detailed work, whilst providing an engaging and collaborative experience to clients.

The Ideal Candidate


The firm is open minded about the qualification level of candidates: they are most interested in what you think you can bring to the role and the team.
Experience within the insurance sector is essential.

Benefits:

Top Tier, market leading firm
Excellent benefits package
Ability to mould role and future
World class training
Genuine career progression

If you are interested in applying for this role, please contact Richard Coward at BCL